Farm Management

The 78 Nebraska Crop Budgets for 2018 include five new budgets relative to corn-soybean rotations and updated costs for inputs, machinery operation, ownership, and service. The budgets are grouped by crop and provided in two formats: PDF and an editable Excel spreadsheet that allows users to customize the budget to reflect their operation.

Precipitation was limited and temperatures were warm (averaging 6-15 degrees above normal across the state), allowing for many areas to wrap up corn harvest, according to the November 27 report from USDA’s National Agricultural Statistics Service.

Figure 1. Farmers and Ranchers College participants work through a case study by determining where components of a balance sheet should be placed in order to better understand how to review financial documents with their lender.

Due to delayed harvest, two November Grain Marketing Workshops have been cancelled and are expected to be rescheduled for January. The workshops were to be held Tuesday, Nov. 14, at Wayne and Wednesday, Nov. 15 at O'Neill.